Author Topic: Newbie vanguard help  (Read 1828 times)

tambo

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Newbie vanguard help
« on: February 17, 2017, 04:41:25 PM »
I'm so sorry in advance.  I'm sure this is a ridiculous question.  I recently opened a Roth IRA on Vanguard with $3,500.  Then I bought $3,500 of a Retirement plan mutual fund that states it invests its fund 90% equities, 10% bonds. But on Vanguard my portfolio shows I have 50% in short term reserves.  But all of my $3500 is in the mutual fund.  Does that mean the fund is keeping 50% in reserves?  And why? 

FI_Sleuth

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Re: Newbie vanguard help
« Reply #1 on: February 17, 2017, 05:12:55 PM »
What fund did you buy?

tambo

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Re: Newbie vanguard help
« Reply #2 on: February 17, 2017, 05:52:00 PM »
Vforx

FI_Sleuth

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Re: Newbie vanguard help
« Reply #3 on: February 17, 2017, 07:05:49 PM »
Vforx

Hmm that's odd. Maybe the transaction didn't go through yet?

Someone else will chime in I'm sure.

I was auto enrolled into a target retirement fund and recently switched to lower fee index funds. Read JLcollins stock series if interested. Highly recommend his book, simple path to wealth, as well.

jdhansen

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Re: Newbie vanguard help
« Reply #4 on: February 17, 2017, 08:45:05 PM »
If you are referring to the asset mix, that usually takes a day or so to update after a purchase is made.  Check again once the transaction has been completed and it should have correct to the proper assets mix.

rebecca527

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Re: Newbie vanguard help
« Reply #5 on: February 17, 2017, 09:12:57 PM »
In my experience, Vanguard has excellent customer service - I'd try calling their customer service phone number and asking them about it!

tambo

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Re: Newbie vanguard help
« Reply #6 on: February 19, 2017, 06:36:49 PM »
Thanks!  Yes, it seems it just took a few days after posting to update.  It was showing the $3500 still in reserves and the same $3500 in the fund. It has now updated, showing the 90/10 profile that I expected.